INVESTMENT OPPORTUNITY in RIVERSIDE HEIGHTS
*Riverside Heights Gem Bordering Tampa Heights*
An exceptional opportunity awaits investors with this property located at 702 W Virginia Ave in the highly desirable Riverside Heights neighborhood, bordering vibrant Tampa Heights and just moments from Armature Works and the Tampa Riverwalk.
This 1,276 sqft, 3-bedroom, 1-bathroom single-family home,… Read More built in 1927, sits on a substantial 0.27-acre lot. It is being sold **as-is** for the convenience of the sellers, making it an ideal canvas for a savvy investor looking to rehab and either sell or lease out for significant returns. The property also features a detached garage, adding to its appeal. The expansive yard offers ample space for additional structures or even the construction of a completely new home. Located about 3 blocks from Hillsborough River, this property is in Flood Zone X, in which lenders do not require flood insurance.
Beyond its current use, the property presents a compelling potential for rezoning. Currently zoned RS-60, there's a possibility to rezone for a duplex or even a couple of townhomes. Furthermore, given its prime location, with commercial buildings (attorney, insurance company, real estate company) on all three adjacent corners of West Virginia and North Blvd, there's a strong potential for rezoning to commercial or mixed-use.
Adding to its appeal, Tampa is actively developing the *Green ARTery*, a significant 22-mile biking and walking loop, with a portion of it just a few blocks away. This major infrastructure project will enhance the desirability and accessibility of the area, making this property even more attractive for future residents or commercial ventures.
Don't miss out on this versatile investment opportunity in a rapidly appreciating Tampa location. Read Less
Courtesy of KELLER WILLIAMS SOUTH TAMPA 813-875-3700
Listing Snapshot
Days Online
166
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
1,276
Lot Size
0.27 Acres
Year Built
1927
MLS Number
TB8385145
Additional Details
Property Access
Road Responsibility: Public Maintained Road, Road Surface: Brick
Appliances & Equipment
Electric Water Heater, Range Hood
Building
Built in 1927, Living area: 1276, Living area units: Square Feet, Building faces North, 1 storey, Levels: One, Construction Materials: Frame
Cooling
Central Air
Exterior Features
Patio/Porch Features: Covered, Front Porch, Private Mailbox, Sidewalk, Storage
Fence
Chain Link, Wood
Fireplaces
Living Room
Floors
Wood
Foundation
Stem Wall
Garage
1 space
Heating
Central, Electric
Interior Features
Ceiling Fans(s), Thermostat
Laundry
None
Lot
0.27 acres, Dimensions: 90x130, Corner Lot, Level, Near Public Transit, Oversized Lot, Sidewalk, Street Brick
Parking
Ground Level
Property
Completed, Other structures: Storage, Workshop
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: A-11-29-18-4HA-000009-00001.0, Public Survey Range: 18, Public Survey Section: 11, Annual Amount: $7,353.77, Tax Block: 9, Tax Book Number: 1-134, Legal Description: RIVERSIDE NORTH LOT 1 AND E 1/2 OF LOT 2 BLOCK 9, Lot: 1, Year: 2024, Zoning: RS-60
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Connected, Water Connected, Water Source: Public
Windows
Blinds
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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